Legal Ethics

Client to Real Estate Lawyer: Where's My $2 Million?

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A French client says he wired $3.8 million to a Miami Beach, Fla., real estate attorney’s trust account, with instructions to form six corporations and buy six condos by 2006.

But then, when he changed his mind and wanted some $2 million of his money back, attorney Sally Sawh didn’t have it, contends Jean Dahan, who has sued claiming misappropriation. Counsel for Sawh in the Miami-Dade Circuit Court case, however, argues that Dahan didn’t clearly tell Sawh what he wanted, and says the money has been invested in a unspecified manner, reports the Daily Business Review.

“It is unfortunate that her client’s instruction to invest the escrow monies was not sufficiently clear in looking back to satisfy everybody,” says attorney Joel Hirschhorn of Coral Gables, Fla., who represents Sawh. “It is unfortunate that this lawsuit was filed, but I understand that people have a tendency to get crazy about money.”

He is seeking to overturn a court order last week that froze Sawh’s assets.

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